Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. Assigned to Disney, the first application discloses techniques for effectuating real-world outcomes based on digital assets of users. Assigned to nChain Licensing (DE), the second application discloses techniques for time release encryption over a blockchain network.
20230169492, “Systems and methods for effectuating real-world outcomes based on digital assets of users,” assigned to Disney.
Abstract
Systems and methods to effectuate real-world outcomes based on digital assets of users are disclosed. Exemplary implementations may: receive an authentication request including first authentication information from a first user; determine whether the first authentication information is valid by comparing the first authentication information and first access information; determine, responsive to determination that the first authentication information is valid, one or more of the digital assets indicated by a first digital wallet as owned by the first user; determine one or more real-world experiences of the first user; update the experience information correlated with the one or more digital assets owned by the first user as indicated by the first digital wallet in electronic storage based on the one or more real-world experiences; and effectuate real-world outcomes based on the experience information correlated with the one or more digital assets that are owned by the first user.
20230171098, “Computer-implemented system and method for time release encryption over a blockchain network,” assigned to nChain Licensing AG.
Abstract
A digital time-lock contract specifies that an agent holds an encryption private key corresponding to an encryption public key on a blockchain network and then releases the encryption private key to the blockchain network within a specified time window. An agent provides a first cryptographic asset for holding and then releasing the encryption private key to the blockchain network, the first cryptographic asset being transferrable when the encryption private key is released to the blockchain network within the specified time window. A client provides a second cryptographic asset to the agent for holding and then releasing the encryption private key to the blockchain network, the second cryptographic asset being transferrable when the encryption private key is released to the blockchain network within the specified time window. The digital time-lock contract can be broadcast to the blockchain network for mining onto the blockchain.
